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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

7/25 Elizabeth Street, Mooroopna VIC 3629

$300,000 - $320,000

Listed: 54 days ago
Updated: 7 days ago
Overview

This well-maintained unit is situated in a peaceful and convenient location, providing an excellent opportunity for both comfortable living and investment purposes. The residence offers a low-maintenance lifestyle with many attractive features.

  • Two spacious bedrooms, each equipped with built-in robes.
  • A large open-plan lounge that is filled with natural light, creating a warm and inviting atmosphere.
  • The original kitchen features a practical and functional layout, designed to meet everyday needs.
  • Brand new carpeting installed in both the lounge and bedrooms, enhancing comfort.
  • Outside blinds and new curtains have been fitted throughout the unit for privacy and light control.
  • The bright bathroom includes a newly installed shower base.
  • A separate laundry room offers convenience and additional space for daily chores.
  • Single carport provides off-street parking protection.
  • A neat rear courtyard is complemented by a 3 meter by 3 meter garden shed, ideal for storage or gardening tools.

For investors, the property presents a potential rental return of up to $350 per week, which equates to an attractive 5.2% yield. This makes it a compelling investment opportunity in the current market.

The location offers several benefits including proximity to the local primary school, Mooroopna Golf Club, and it is within walking distance of the central business district. The unit is part of a pleasant group of homes that have no common walls, ensuring excellent privacy for residents. It is important to note that body corporate fees apply annually, which is standard for this style of property.

Overall, this unit is ideal for first home buyers looking for a manageable and comfortable living space, downsizers wanting a low-maintenance environment, or investors seeking reliable returns through rental income.

Local Market Insights

In Shepparton, Quiet Listings observed 12 new units entering the market over the last 30 days, down from 43 during the previous 30-day period, with an average advertised asking price of $457,500. The property type mix of listed properties is predominantly Houses at 67%, followed by land (21%), and commercial properties (7%). Ray White was the most active agency in this area, representing 20.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
$300,000 - $320,000
$325,000 - $350,000
Location
7/25 Elizabeth Street
Mooroopna VIC 3629
Market Insights for Mooroopna VIC 3629
New Listings (last 30 days)
12
Average price
$457,500
Lowest price
$350,000
Highest price
$585,000
Other properties in this postcode